It is bonkers that in 2026, as huge swathes of the planet electrify and end the use of fossil fuels, Canada and North America and the G7, and the media that reports on them are still reporting on the oil crisis as if there is no alternative.
They continue to do next to nothing to accelerate the transition which would actually insulate their economies from the oil wars!
🤦♂️
https://www.cbc.ca/news/business/g7-trump-diesel-reserve-release-9.7366871
@chris extraordinary. Crude flows are not heading back to pre-28-Feb any time soon. So any drawdown on reserves just leaves G7 nations with fewer reserves and *no change* to the base conditions.
And 100 million barrels is less than *1 day* of pre-28-Feb global demand.
Incredible dead end thinking